A Delegation of UAE Investors Meets Minister for Industries & Trade

29/11/19

A delegation of investors of United Arabs Estates led by former ambassador UAE Darwaish Almansoori called on Provincial Minister for Industries & Trade Mian Aslam Iqbal here at the office Punjab Board of Investment & Trade. Investment opportunities in various sectors of Punjab were discussed in the meeting. Investors of UAE expressed interest in establishing furniture making unit in Punjab while talking to the delegation, Provincial Minister has said that Punjab has become attractive place for local and foreign investment due to the investment friendly environment. New industrial estates and special economic zones are being set up on the thousands of acres of land. Infrastructure of international standard is being provided in these industrial estates and special economic zones. Provincial Minister said that there is vast scope of investment in furniture industry. We will welcome the investment of UAE investors in furniture making sector. UAE investors should establish furniture making units, the government will provide place in special economic zones for this purpose. Punjab Board of Investment and Trade will provide every possible cooperation to them, he added. Mian Aslam Iqbal said that it is top most priority of the Punjab government to bring new investment in province. The purpose of establishing new industrial estates and special economic zones is to accelerate the industrialization. More than 1 billion dollars investment has been made in Faisalabad industrial zone and billions of dollars agreements have been singed with foreign companies. CEO Punjab Board of Investment and Trade and other concerned officers were also present in the meeting.